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Economic weights not enable the government to pay the salaries of staff in the coming months
06.09.2015
Said economist Abdul Hassan al-Shammari, Sunday, that the amount of cash foreign currency in the Iraqi Central Bank reached 59 billion due to foreign currency difficult sale in recent months, especially as Iraq's oil resources are not commensurate with disbursements State, is probable that the two months, the last two of the current year may can not Government to pay its employees.
Al-Shammari said L / scales News / "The amount of cash currency difficult foreign in the central bank after it was 68 billion and amounted to 59 billion due to dollar selling in recent months," stressing that "the state is forced to sell foreign currency in order to get the Iraqi criticism and thus lead to a decline in the currency or the balance of the money supply in the Central Bank of Iraq. "
He said economic expert, that "hard currency / dollar conversion / to Iraqi dinars for the distribution Raotb staff will lead to significant losses," stressing that "over the next year the government will not be able to pay its employees because it and during the last two months of this year, has been unable to pay salaries only if It continued on the money supply because there is no state resources because of low oil prices. "
The "Economic Adviser to the Prime Minister the appearance of Mohammed Saleh said L / scales News / The staff and the salaries of retirees as" safe "for the crisis plaguing the country," pointing out that "able to be paid for 3 or 5 years to come," .anthy 29 quarters e Government
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06.09.2015
Said economist Abdul Hassan al-Shammari, Sunday, that the amount of cash foreign currency in the Iraqi Central Bank reached 59 billion due to foreign currency difficult sale in recent months, especially as Iraq's oil resources are not commensurate with disbursements State, is probable that the two months, the last two of the current year may can not Government to pay its employees.
Al-Shammari said L / scales News / "The amount of cash currency difficult foreign in the central bank after it was 68 billion and amounted to 59 billion due to dollar selling in recent months," stressing that "the state is forced to sell foreign currency in order to get the Iraqi criticism and thus lead to a decline in the currency or the balance of the money supply in the Central Bank of Iraq. "
He said economic expert, that "hard currency / dollar conversion / to Iraqi dinars for the distribution Raotb staff will lead to significant losses," stressing that "over the next year the government will not be able to pay its employees because it and during the last two months of this year, has been unable to pay salaries only if It continued on the money supply because there is no state resources because of low oil prices. "
The "Economic Adviser to the Prime Minister the appearance of Mohammed Saleh said L / scales News / The staff and the salaries of retirees as" safe "for the crisis plaguing the country," pointing out that "able to be paid for 3 or 5 years to come," .anthy 29 quarters e Government
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